Family Meetings: Planning for Wealth Transfer and Philanthropy
It takes a lot of planning and conversation to transfer wisdom along with wealth. Here’s how the practice of family meetings can help.
Ask the Adviser: What’s predicted to happen with bonds in 2024?
The Fed is slated to cut interest rates, which may likely raise bond prices. Here’s what to know.
Ask the Adviser: Are my investment advisory fees tax deductible?
While it’s no longer possible to deduct advisory fees outright, we’ll explore other tax-efficient ways to cover them.
Recapping Market Highlights and Most-Read Articles from 2023
This past year, we covered topics ranging from inflation and legislative changes to RMDs and asset allocation. Here is an overview.
Ask the Adviser: How do I handle the taxes on inheritance from a PA resident?
Whether you’ve inherited property or other assets, here’s what to know about settling the tax bill in Pennsylvania.
Ask the Adviser: How long should I keep my financial documents?
The guidance varies depending on the document. We’ll look at what to consider with bank statements, tax returns, and other common file types.
Ask the Adviser: What is ESG investing and why all the talk about it lately?
ESG ratings evaluate how socially conscious a company is, serving as guideposts for selective investors. And their impact is only growing.
Ask the Adviser: What can I do to prepare for the estate tax exemption being reduced?
If you have a large estate, these strategies can help you avoid a high estate tax bill when the current exemption expires in a few years.
Are You Maximizing the Tax Benefit of Your Charitable Gifts?
The IRS is not trying to discourage charitable giving. It is tightening requirements to limit abuses.
Understanding RMDs Can Help You Save
Want to design a tax-efficient retirement? Learning how and when to take required minimum distributions (or RMDs) can be a key part of your overall strategy.
Ask the Adviser: When should I change my asset allocation?
The asset allocation of your portfolio is a key driver of performance and returns. Do you have the right mix of stocks and bonds in your portfolio?
7 Steps to Take When You Inherit an IRA
When Inheriting an IRA there are complex rules you will need to follow to avoid costly errors.
Are Roth Conversions Right for People Over 73?
Roth IRAs are not subject to RMD rules.
Required Minimum Distributions (RMDs): Follow the Rules to Avoid Costly Penalties
Taxpayers reaching age 72 should be aware that a portion of the funds in their retirement accounts starts to become taxable each year—and pitfalls are common.
A Guide to Required Minimum Distribution Rules for IRAs and Employer Plans
RMD rules are similar for both types of accounts, but there are some differences.
Ask the Adviser: How do I shop for the best rates on my cash?
Looking for ways to make your cash work for you without committing to a long-term investment? There are plenty of options available.
Don’t Overlook These Inflation-Related Opportunities
Discover several ways to offset inflation through tax-efficient saving in 2023.
Ask the Adviser: How do I pay taxes on retirement income?
There are two ways to satisfy the year-round tax payment obligation for retirement income. Taxes can be withheld from your benefits, or you can make estimated payments to the IRS.
Ask the Adviser: Why are Medicare Part B premiums going down when inflation is up?
After a large increase in Medicare Part B premiums for 2022, the cost is now dropping. We’ll look at a surprising reason why.
Ask the Adviser: What can I do to offset PA inheritance tax for my heirs?
Pennsylvania is one of only six states that requires inheritance tax. Here, we look at a variety of ways residents can reduce the tax on passed down assets.
